Do you need an independent study for a hotel project that will examine the viability, operation, scale, brand, suitability of the site for development and detailed performance projections?
Do you need this study for multiple audience institutional investors, for funding purposes, banks, funds or individuals?
We know that each project is different but in general terms the Feasibility Study will include:
• Market research to scope key demand.
• Examination of key trends and statistics.
• Interviews with regional tourism authorities.
• Audit of hotels within a specific radius of the site.
• A visit to the site to audit for access, visibility and all demand generators.
• Detailed operating projections for five years period to EBITDA.